
Operations & Management
Xero: The Online Accounting Software for Small Business
Description Xero is a leading cloud-based accounting software designed to make life easier for small businesses and their accountants. It automates day-to-day financial tasks, from bank reconciliation and online invoicing to payroll and expense claims, providing a real-time, up-to-date view of your business's financial health.
Features
Automated Bookkeeping: Connects directly to over 21,000 banks and financial institutions worldwide to automatically import transactions, eliminating the need for manual data entry.
Online Invoicing: Create and send professional invoices online with a "Pay Now" button to get paid faster and automate reminders for overdue payments.
Smart Reporting: Generate reports on cash flow, profit & loss, and other key financial metrics.
Making Tax Digital (MTD): The software calculates VAT and files VAT returns online securely with HMRC, making tax time easier.
Payroll & Expenses: Manages payroll for a small number of employees and provides tools for submitting and reimbursing expense claims.
Multi-Currency Accounting: Seamlessly manage multiple currencies with the software's versatile accounting tools, ideal for global business operations.
App Integrations: Connects to over 700 third-party business apps in the Xero App Store to streamline workflows and boost productivity.
Advantages & Benefits
Time Savings: Automates time-consuming tasks like bank reconciliation and invoicing, which frees you up to focus on growing your business.
Real-time Financial Visibility: Get a clear, up-to-date picture of your cash flow and financial performance from anywhere, at any time.
Simplified Compliance: Helps you stay compliant with regulations like Making Tax Digital (MTD) and automates tax calculations and filings.
Enhanced Collaboration: Allows you to work with your accountant, bookkeeper, or team members in real time on the same financial data.
Security & Reliability: Your financial data is protected with multiple layers of bank-grade security, and Xero guarantees a 99.9% uptime.
Ideal Customer Profile
Small businesses, sole traders, and freelancers.
Accountants and bookkeepers.
Companies in a wide range of industries, including construction, e-commerce, hospitality, and professional services.
Businesses that want to automate their financial admin and simplify tax season.
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Active Offers or Deals
Xero has an offer which give 90% off for the first 4 months.